Latest Independent Contractor Crackdown: Are You Prepared ?

Course Overview Recent examinations by the IRS and other taxing authorities point to a continued emphasis on issues involving worker classification and employee reimbursement. Noted tax attorney Robert W. Wood highlights the potential traps associated with using temporary workers, including rehiring those employees whose positions were "right-sized." Learning Objectives: Upon successful completion of this segment, you should be able to: identify how and why worker classification issues affect tax liabilities; distinguish between "employees" and "independent contractors" in the workplace; explain why the IRS is unforgiving in terms of collecting trust fund taxes; describe who is considered a "responsible person" for purposes of IRC sec. 6672.